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Sensitivity analysis, also called "what-if" analysis, predicts a variety of potential outcomes based on changes in independent variables.
A sensitivity analysis can determine whether a project is worth the risk involved, especially if the project does not go according to plan. A project may be proposed with an estimated budget, ...
In capital budgeting calculations, sensitivity analysis changes one assumption or estimate at a time to see how the results change. For example, a business may expect to earn $500, $1,000 and ...
Sensitivity analysis, or susceptibility testing, helps doctors figure out treatment for infections and if they are resistant to antibiotics.
How Sensitivity Analysis Is Used . Sensitivity analysis can be helpful in various situations, including forecasting or predicting as well as identifying where improvements or adjustments need to ...